EU Cites Progress on Iran Barter System to Get Around Trump Sanctions

The European Union says it is making some progress on its controversial barter-type system to trade with Tehran and get around U.S. sanctions as part of its efforts to keep the Iran nuclear deal alive

Supreme Leader Ayatollah Ali Khamenei at a ceremony marking 30th death anniversary of Ayatollah Khomeini, just outside Tehran, Iran, June 4, 2019
,AP

The European Union says it is making some progress on its controversial barter-type system to trade with Tehran and get around U.S. sanctions as part of its efforts to keep the Iran nuclear deal alive. 

EU foreign policy secretary general Helga Schmid said Thursday that beyond the 10 EU nations that are already part of the system, she could “share with you that more, also non-EU member states, will join.” 

Iran has breached the deal’s limitations in an attempt to get other nations to provide economic incentives to offset U.S. sanctions. The Trump administration withdrew from the landmark nuclear agreement last year.

Apart from the three EU member nations that are part of the deal, Britain, Germany and France, seven more EU member states have recently committed to take part.